This statistic displays the cost of 'small shed' and 'big shed' secondary industrial warehouse space per square foot in London, United Kingdom (UK) in July 2021 by area. The price per square foot of smaller industrial warehousing was more expensive than that of larger warehousing, with the exception of Barking and Dagenham. Other factors that could affect pricing included proximity to major road systems and key population areas, as well as the price of developing land and staff costs.
Prices for secondary small shed real estate in the London area were highest in Acton and Park Royal where rents amounted to 20 British pound per square foot.
Secondary industrial rents of small and large warehouse units in London in July 2021, by area
(in GBP per square foot)
Small shed: 10,000 to 30,000 square feet (929 - 2,787 square meters), big shed: 100,000 sq ft + (9,290 sq m)
Supplementary notes
The source added the following information:
For small sheds, "rents apply to units of 10,000 - 30,000 sq ft + (929 - 2,787 sq m). Units stand in a prime industrial location."
For big sheds, "rents apply to units of 100,000 sq ft + (9290 sq m)."
"Figures shown are estimates of achievable open market rents (GIA per sq ft) for each location as at July 2021, assuming normal incentives."
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Colliers International. (October 6, 2021). Secondary industrial rents of small and large warehouse units in London in July 2021, by area (in GBP per square foot) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1009283/secondary-small-industrial-rent-costs-in-london-united-kingdom-uk/
Colliers International. "Secondary industrial rents of small and large warehouse units in London in July 2021, by area (in GBP per square foot)." Chart. October 6, 2021. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1009283/secondary-small-industrial-rent-costs-in-london-united-kingdom-uk/
Colliers International. (2021). Secondary industrial rents of small and large warehouse units in London in July 2021, by area (in GBP per square foot). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1009283/secondary-small-industrial-rent-costs-in-london-united-kingdom-uk/
Colliers International. "Secondary Industrial Rents of Small and Large Warehouse Units in London in July 2021, by Area (in Gbp per Square Foot)." Statista, Statista Inc., 6 Oct 2021, https://www.statista.com/statistics/1009283/secondary-small-industrial-rent-costs-in-london-united-kingdom-uk/
Colliers International, Secondary industrial rents of small and large warehouse units in London in July 2021, by area (in GBP per square foot) Statista, https://www.statista.com/statistics/1009283/secondary-small-industrial-rent-costs-in-london-united-kingdom-uk/ (last visited December 21, 2024)
Secondary industrial rents of small and large warehouse units in London in July 2021, by area (in GBP per square foot) [Graph], Colliers International, October 6, 2021. [Online]. Available: https://www.statista.com/statistics/1009283/secondary-small-industrial-rent-costs-in-london-united-kingdom-uk/
